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Liono4ka [1.6K]
3 years ago
8

Chad, who owns the only coffee shop in Rivercity, learns that Jose is about to open a competing coffee shop in the same small to

wn, just a few blocks from Chad's. Chad offers Jose $10,000 in return for Jose's promise not to open a coffee shop in the Rivercity area for six months. Jose accepts the $10,000 but goes ahead with his plans, even though he had agreed not to do so. When Jose opens his coffee shop for business, Chad sues to enjoin Jose's continued operation or to recover the $10,000
Required:
Can Chad sues Jose?
Business
1 answer:
Leya [2.2K]3 years ago
6 0

Answer:

Rivercity Coffee Shop

Chad cannot sue Jose.  The $10,000 is paid to Jose is a bribe.  Since a bribe is not legal, it cannot form the basis for an enforceable contract.

Moreover, the offer by Chad is an antitrust and anti-competition consideration that is legally frowned upon. illegal contract

Explanation:

For a contract to be enforceable, it cannot be illegal.  A bribe is illegal.  The basis for the contract is illegal.  Therefore, Chad cannot sue Jose.  Since Jose decided to breach the contract, neither Chad nor Jose is entitled to any compensation.  Jose cannot be held liable for non-performance.

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With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A.
kramer

Answer:

<em>.C. cash cow businesses with an excellent financial fit</em>

Explanation:

With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A. struggling companies with good turnaround potential, undervalued companies that can be acquired at a bargain price, and companies that have bright growth prospects but are short on investment capital.B. companies offering the biggest potential to reduce labor costs.C. cash cow businesses with an excellent financial fit.D. companies that are market leaders in their respective industries.E. companies that are employing the same basic type of competitive strategy as the parent corporation’s existing businesses.

Big businesses are usually the one that acquire  distressed companies /. They are called the cash cow because they are basically  business, investment, or product that provides a steady income or profit. they possess a large volume of the market share with little investment contribution to it.

5 0
3 years ago
Assume that the reserve ratio is 20% and banks in the system are loaning out all their excess reserve. If people collectively ca
Alex17521 [72]

Answer:

C. decreased by $40 billion

Explanation:

For computing the lending ability, first we have to determine the money multiplier which is shown below:

We know that

Money multiplier = 1 ÷ reserve ratio

                            = 1 ÷ 20%

                            = 5

So, the total cash would be

= $10 billion × $5

= $50 million

Now the lending ability would be

=$50 billion × (1 - 20%)

= $50 billion × 0.80

= $40 billion

6 0
3 years ago
inflation can be measured by the a. percentage change in the price of a specific commodity. b. percentage change in the consumer
Brut [27]

Answer:

b. percentage change in the consumer price index.

Explanation:

Inflation is the increase in the price of a commodity, it is expressed as a percent change in the price of an item. We can calculate the inflation using percentage change in consumer price index.

Consumer price index measure the percentage of change in the price of a market basket of consumer goods and services.

6 0
4 years ago
On july 1 of the current calendar year, plum co. paid $7,500 cash for management services to be performed over a two-year period
morpeh [17]

Dec 31              Management Services ....................................$1875

                           To Prepaid Expenses.....................................................$1875

(Being prepaid expenses recognised for the year)


6 0
3 years ago
Read 2 more answers
A voltage of 50 V appears across a 20-μF capacitor.
AlekseyPX

Answer:

a. 1nC

b. 0C

Explanation:

Net charge q stored on plate of capacitor is

q = CV

Where C = 2uF = 2 x 10^-6F

V= 50v

q = 20 x 10^-6 x 50 = 1000 x 10^-6 = 1000uF = 10^-9 = 1nC

b. the total net charge on another plate is equal in absolute value to the first one, but it is charged with opposite Pole so always is valid that total net charge on both plates are equal to zero.

That's the other charge on the plate is -1nc

1 nC + -1nC = 0C

3 0
3 years ago
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